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LPGA announces $12 million Women's PGA Championship purse pay bump
LPGA announces $12 million Women's PGA Championship purse pay bump

Yahoo

time20 hours ago

  • Business
  • Yahoo

LPGA announces $12 million Women's PGA Championship purse pay bump

The post LPGA announces $12 million Women's PGA Championship purse pay bump appeared first on ClutchPoints. The KPMG Women's PGA Championship officially raised its purse to $12 million this Tuesday. The move marks a $1.6 million overall increase compared to the $10.4 million purse last year, making the Women's PGA Championship purse the joint-highest among the LPGA's five majors. The U.S. Women's Open, held last month, is the other major with a $12 million purse. Advertisement 'We're incredibly proud to be able to do that,' KPMG CEO Paul Knopp said. 'It's all part of creating a standard of excellence in women's golf. The purse is a hugely important part of that.' Apart from the increase in purse, the KPMG is also the most comprehensively covered tournament on tour this season, with around 100 hours of coverage across NBC, Golf Channel, and Peacock. 'We look at it as the ultimate strategy when we think about the excellence we're trying to bear to bring success. We continue to play this tournament on iconic courses that are recognized by the golf community every year. … We're excited about where we're going,' Knopp said. The announcement means that the winner this year will take home $1.8 million compared to the $1.56 million Amy Yang won at the Sahalee Country Club last year. This year's tournament will take place from June 19-22 at Fields Ranch East at PGA Frisco in Frisco, Texas, marking the first time a women's major is being played on the course. Advertisement The recent announcements mark KPMG's commitment to take women's golf into the future. For the first time, Featured Groups coverage, powered by KPMG and T-Mobile for Business, will stream on Peacock, with LPGA legend Judy Rankin and Grant Boone in the booth. The coverage will also include the KPMG Champcast, powered by ShotLink Pro and AI, which provides detailed performance insights, including real-time cut projections and scoring targets. The KPMG Women's PGA Championship is the first of three major championships scheduled in the next six weeks. The Amundi Evian Championship will be held July 10-13, while the final major of the year is the AIG Women's Open, set to tee off July 31. Related: Two-time Wimbledon champ announces retirement Related: Jordan Chiles, Nike collab on limited-edition sneakers

Vista Unveils Ultra-High-Net-Worth Travel Trends: Singapore Ascends as Southeast Asia's Premier Destination
Vista Unveils Ultra-High-Net-Worth Travel Trends: Singapore Ascends as Southeast Asia's Premier Destination

Yahoo

timea day ago

  • Business
  • Yahoo

Vista Unveils Ultra-High-Net-Worth Travel Trends: Singapore Ascends as Southeast Asia's Premier Destination

Vista Unveils Ultra-High-Net-Worth Travel Trends: Singapore Ascends as Southeast Asia's Premier Destination Vista Unveils Ultra-High-Net-Worth Travel Trends: Singapore Ascends as Southeast Asia's Premier DestinationPress images available for download here. Singapore, Thursday 19 June 2025 – Vista, the world's leading private aviation group and parent company of VistaJet and XO, hosted a panel discussion on Ultra-High-Net-Worth Trends in Singapore, bringing together influential voices from across its partner network within the city's luxury ecosystem. The invitation-only event explored the evolving trends of luxury among Southeast Asia's ultra-high-net-worth-individuals (UHNWIs) whose lifestyle choices are increasingly driven by meaning, mobility, and long-term value. Held against the backdrop of rising demand for premium experiences and increased regional UHNWI mobility, the panel featured insights from: Amy Yang, Vice President, Marketing – APAC & IMEA, Vista Christine Li, Head of Research Asia Pacific, Knight Frank Ewa Stachurska, Chief Marketing & Sustainability Officer, Sanlorenzo Asia Pacific The speakers examined the burgeoning demand for private aviation, luxury real estate, and superyachts which highlight Singapore's status as a premier destination and how brands are responding to the rising desire for privacy and personalization. Vista's Amy Yang shared, 'With the rising trend of bleisure travel — where business and leisure are seamlessly intertwined — Singapore has consistently ranked among the top destinations for Vista's clientele. Its unique blend of Asian cultures and its status as an international business hub make it an ideal gateway for today's global travelers. At a time where excellence standards and consistency are paramount — whether flying long-haul between Asia and the United States aboard the industry-leading Global 7500 or regionally within Europe or the Middle East on the popular super-mid-size fleet — Vista is uniquely positioned to meet this growing demand with a global infrastructure that spans 96% of the world.' In 2024, VistaJet further saw a 10% growth in its Memberships in Southeast Asia, whereas XO — Vista's instantaneous and real-time priced private jet marketplace — saw doubled flight traffic year-on-year growth in Singapore. Knight Frank's Christine Li reveals: "According to The Wealth Report 2025, Asia Pacific is predicted to account for 47.5% of the global UHNW population created between 2025-2028. The inaugural Family Office survey displays an increasing trend to view prime real estate as an attractive combination of steady income generation and capital growth potential. Confidence in Singapore's prime assets are underscored by the significant UHNWI commercial property transactions for 2024/2025 — notably US$520 million for the 21 Collyer Quay office building and US$43 million for River Valley Apartments enbloc. This blend of strategic diversification, expectations for long-term asset appreciation, and sustained high-value investment activity, solidifies Singapore's position as a premier destination for sophisticated capital.' Sanlorenzo Asia Pacific's Ewa Stachurska adds: 'Singapore is emerging as a premier yachting hub with 8 boat clubs and marinas and 4000 boats and yachts stationed in the city. Coupled with Southeast Asia's extensive coastlines that are easily accessible by yachts with adequate range and storage capacity, this creates a unique environment for the rising demand of highly customized superyachts. This trend reflects a broader shift towards exceptional purchases that offer not only immediate enjoyment but also generational significance, and purpose underscoring the evolving aspirations of Asia's affluent clientele. Sanlorenzo Asia Pacific prioritizes intimate activations and experiences with like-minded yacht owners at the Sanlorenzo Elite community, ensuring the holistic customer journey is complete in discreet elegance and effortless style.' Singapore: Rising Capital of Premier Experiences With its concentration of wealth, political stability and service excellence, Singapore is emerging as Southeast Asia's main hub for luxury experiences and financial conferences. This is evidenced by the three-digit growth figures in Vista's flight traffic during key event periods. In comparison with the daily average of flight traffic in Singapore across 2024, a tremendous 362% increase was seen during the Taylor Swift Eras tour in Singapore due to the fact that this was the singer's sole stop in Southeast Asia for her global concert. The Singapore Grand Prix also instigated a 168% surge in daily average flight traffic while it coincided with other major financial events in the city, such as The Milken Institute Asia Summit and Global Trade Review Congress and more. On the other hand, the Singapore Yachting Festival supported a 46% higher business jet traffic as compared to the daily average for the year. Southeast Asia's Emerging Luxury Destinations While Singapore remains the anchor of Southeast Asia's luxury ecosystem, Vista shared the hidden gems amongst its exclusive flight destinations in 2024, locations that fuse nature, culture and exclusivity. Kuching, Malaysia — the international gateway to Borneo attracts luxury eco-tourists keen to explore the island's ancient rainforests and orangutan sanctuaries. Da Nang, Vietnam — a coastal city gaining traction for its resort offerings, vibrant culinary scene and proximity to UNESCO sites. Sorong, Indonesia — the preferred entry point to Raja Ampat, offering access to one of the world's most pristine and remote marine reserves. Meanwhile, established favourites such as the Maldives, Phuket and Bali continue to see robust traffic, with Phuket in particular benefitting from global pop culture visibility, most notably through HBO's The White Lotus, which set its third season in Thailand. According to Knight Frank, Manila has emerged as the world's fastest-growing market for prime residential prices in 2024. In Malaysia, government incentives have further strengthened the residential property sector, making it an attractive option for those seeking both personal homes and long-term value appreciation. Meanwhile, foreign buyers continue to shape Bangkok's prime real estate landscape, with Chinese investors at the forefront of this growing demand. Based on the findings from Sanlorenzo Asia Pacific, the superyacht market in Singapore and Southeast Asia is experiencing dynamic growth, driven by a rapidly expanding population of ultra-high-net-worth individuals who increasingly seek passion assets that combine lifestyle, legacy, and long-term value. Unlike traditional markets, wealth in the region is largely newly created and is now being passed on to a younger generation that prioritizes experiential discreet luxury and family-oriented investments. Aligned with trends in yachting and luxury real estate, private and exclusive travel experiences are increasingly sought after by Vista Members. With access to the most prestigious establishments through its global network of over 600 partners across 35 categories — from private island villas to yachting services, fine art to automobiles — Vista's Private World offers bespoke journeys and itineraries tailored to each client's passions. At Vista, meeting the demands of UHNWIs extends far beyond the cabin — it encompasses every aspect of in Member's life, before they step onboard, and long after they land. – ENDS – InformationVista | press@ About Vista Vista Global Holding's (Vista) subsidiaries provide worldwide business flight services. A global group headquartered at the DIFC in Dubai, Vista integrates a unique portfolio of companies offering asset free services to cover all key aspects of business aviation: guaranteed and on demand global flight coverage; subscription and membership solutions; trading and management services; and cutting-edge mobility technology. Innovating the industry for 20 years through continuous investment in people, technology and infrastructure, the Group's mission is to lead the change to provide clients with the most advanced flying services at the very best value, anytime, anywhere around the world. Vista's knowledge and understanding of all facets of the industry deliver the best end-to-end offering and technology to all business aviation clients, through its VistaJet and XO branded services and duly licensed carriers. Vista is not a direct air carrier and does not operate or charter flights. More Vista information and news at About VistaJetVistaJet is the first and only global business aviation company, leading the industry by setting higher standards of service and safety for over 20 years. On its fleet of silver and red business jets, VistaJet has flown corporations, governments and private clients to 207 countries and territories, covering 96% of the world. Founded in 2004, the company pioneered an innovative business model where customers have access to an entire fleet whilst paying only for the hours they fly, free of the responsibilities and asset risks linked to aircraft ownership. VistaJet's signature Program membership offers clients a bespoke subscription of flight hours with guaranteed access to the Vista Members' fleet of over 300 aircraft around the world, to fly them anytime, anywhere. VistaJet is part of Vista — the world's first private aviation ecosystem, integrating a unique portfolio of companies offering asset free solutions to cover all key aspects of business aviation. More VistaJet information and news at About XOXO is revolutionizing the private aviation industry by combining data intelligence with distinct service, allowing clients to book a flight in seconds to anywhere in the world. Built on 20 years of innovation and skill, XO is the world's premier aviation network. XO has created an open future for private aviation with more transparency, efficiency and accessibility than ever before. Members and clients have access to over 2,400 aircraft around the world, including the Vista Members' fleet, covering the full spectrum of cabin classes. Flyers can book an entire aircraft or individual seats through the XO mobile app, website or an XO Aviation Advisor. XO is part of Vista — the world's first private aviation ecosystem, integrating a unique portfolio of companies offering asset free solutions to cover all key aspects of business aviation. More XO information and news at Attachments 20250619_FINAL_VISTA_PR_SGPANEL Vista Unveils Ultra-High-Net-Worth Travel Trends: Singapore Ascends as Southeast Asia's Premier DestinationSign in to access your portfolio

LPGA Tour Sees Historic Purse Increase at Women's PGA Championship
LPGA Tour Sees Historic Purse Increase at Women's PGA Championship

Newsweek

time2 days ago

  • Business
  • Newsweek

LPGA Tour Sees Historic Purse Increase at Women's PGA Championship

Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Just hours before the tee-off of the KPMG Women's PGA Championship, the golf world in general, and the players in the field in particular, were surprised by the always welcome news of the event's purse increase. Even better, it's a record-tying jump. The purse for the LPGA's third major of the season will be $12 million, which ties the record for the highest purse in women's major championship history set for the U.S. Women's Open. This is $1.6 million more than the previous edition. The winner's trophy is seen on the first tee during the first round of the KPMG Women's PGA Championship on the West Course at the Westchester Country Club on June 11, 2015 in Harrison, New... The winner's trophy is seen on the first tee during the first round of the KPMG Women's PGA Championship on the West Course at the Westchester Country Club on June 11, 2015 in Harrison, New York. MoreThe winner's paycheck will be $2.4 million, $840,000 more than Amy Yang received when she won in 2024. "KPMG has put so much into it, they really make sure we're delivering," said Jeff Price, the PGA of America's chief commercial officer, according to Sports Business Journal. "Everything that we've been able to do together is a testament to their commitment." Shawn Quill, who heads up the title sponsor's sports industry relations, stated that KPMG is fully committed to growing the Women's PGA Championship further. "When we came in as title sponsor, it was a time when women's sports wasn't en vogue," he said. "We weren't early to the party, we were before the party was conceptualized. We're at a real tipping point in women's sports. The next 10 years are going to change a lot more than the last 10 did." Proudly celebrating excellence in women's golf. The 2025 @KPMGWomensPGA will feature a $12 million purse, tied for highest on the LPGA Tour. Full announcement with Championship tech enhancements, field and broadcast information: — KPMG Sports (@KPMGSports) June 17, 2025 Much progress has been made since the inaugural edition of the event in 1955, when the prize purse was set at $6,000. The Women's PGA Championship purse has grown slowly but steadily, with three notable increases. The first was in 1977, when it went from $55,000 to $150,000. The second occurred in 1990, when it rose from $500,000 to $1 million, and the third in 2022, when it jumped from $4.5 million to $9 million. KPMG Women's PGA Championship Purse Payout Below is the projected payout for the Women's PGA Championship. Amounts may vary depending on ties: 1 $2,400,000 2 $1,296,000 3 $809,242 4 $567,305 5 $472,511 6 $418,969 7 $377,717 8 $338,290 9 $306,165 10 $281,219 11 $256,638 12 $237,290 13 $221,105 14 $204,069 15 $189,467 16 $177,298 17 $167,563 18 $157,828 19 $148,093 20 $138,358 21 $129,961 22 $121,565 23 $113,412 24 $105,867 25 $99,296 26 $93,699 27 $89,440 28 $85,667 29 $82,017 30 $78,366 31 $74,715 32 $71,065 33 $67,414 34 $64,129 35 $61,452 36 $58,774 37 $56,219 38 $53,785 39 $51,352 40 $48,918 41 $46,484 42 $44,050 43 $41,617 44 $39,183 45 $36,749 46 $34,559 47 $32,368 48 $30,300 49 $29,083 50 $27,866 51 $27,136 52 $26,527 53 $26,041 54 $25,797 More Golf: Justin Rose Drops 'Strong' Reaction to Ryder Cup Landing First Euro Player

$12M purse ups ante at Women's PGA Championship
$12M purse ups ante at Women's PGA Championship

Reuters

time2 days ago

  • Business
  • Reuters

$12M purse ups ante at Women's PGA Championship

June 18 - The Women's PGA Championship raised the purse of the major tournament to $12 million, matching last month's U.S. Women's Open for the biggest purse of the season. To boot, the winner of the 156-player field at Fields Ranch East at PGA Frisco in Texas this week will pocket $1.8 million. The purse was $10.4 million at last year's Women's PGA Championship. "We're incredibly proud to be able to do that," said Paul Knopp, the KPMG chair and CEO, of the boost in the purse, per Golf Digest. "It's all part of creating a standard of excellence in women's golf. The purse is a hugely important part of that. .".. We look at it as the ultimate strategy when we think about the excellence we're trying to bear to bring success. We continue to play this tournament on iconic courses that are recognized by the golf community every year. ... We're excited about where we're going." Amy Yang of South Korea held off the field at the Women's PGA Championship for her first career major title last year at Sahalee Country Club in Sammamish, Wash. Yang carded a 7-under 281 for the tournament to defeat Lilia Vu, Jin Young Ko of South Korea and Miyu Yamashita of Japan by three shots. --Field Level Media

PGA Tour has its last signature event. Majors for the LPGA and PGA Tour Champions
PGA Tour has its last signature event. Majors for the LPGA and PGA Tour Champions

Fox Sports

time3 days ago

  • Sport
  • Fox Sports

PGA Tour has its last signature event. Majors for the LPGA and PGA Tour Champions

Associated Press TRAVELERS CHAMPIONSHIP Site: Cromwell, Connecticut. Course: TPC River Highlands. Yardage: 6,844. Par: 70. Prize money: $20 million. Winner's share: $3.6 million. Television: Thursday-Friday, 3-6 p.m. (Golf Channel); Saturday, 1-3 p.m. (Golf Channel), 3-6:30 p.m. (CBS); Sunday, 1-3 p.m. (Golf Channel), 3-6 p.m. (CBS). Defending champion: Scottie Scheffler. FedEx Cup leader: Scottie Scheffler. Last week: J.J. Spaun won the U.S. Open. Notes: This is the final $20 million signature tournament of the PGA Tour season. Still to come are $20 million fields at two FedEx Cup postseason events. ... Jordan Spieth is playing a signature event for the first time this year without needing a sponsor exemption. He is No. 37 in the FedEx Cup, high enough to fill the field. ... Scottie Scheffler has won five signature events since they began in 2024. He is the defending champion. ... Luke Clanton picks up his first professional paycheck this week. The Florida State star missed the cut in his pro debut at the Canadian Open. The Travelers Championship does not have a cut. Clanton is playing on a sponsor exemption. ... The other sponsor exemptions went to Tom Kim, Gary Woodland and Rickie Fowler. ... Five players from the top 20 in the FedEx Cup standings after this week get into the British Open if not already eligible. Next week: Rocket Mortgage Classic. Online: ___ LPGA Tour and PGA of America KPMG WOMEN'S PGA CHAMPIONSHIP Site: Frisco, Texas. Course: Fields Ranch (East) at PGA Frisco. Yardage: 6,604. Par: 72. Prize money: $12 million. Winner's share: $1.8 million. Television: Thursday-Friday, 11 a.m. to 3 p.m. (Golf Channel), 6-8 p.m. (Golf Channel); Saturday, 11 a.m. to 3 p.m. (Peacock), 3-6:30 p.m. (NBC); Sunday, 11 a.m. to 3 p.m. (Peacock), 3-6 p.m. (NBC). Defending champion: Amy Yang. Race to CME Globe leader: Jeeno Thitikul. Last week: Carlota Ciganda won the Meijer LPGA Classic. Notes: The third of five majors in the LPGA season features the top 100 in the CME Race to the Globe. ... KPMG announced a purse increase to $12 million, tied with the U.S. Women's Open for largest in women's golf. The USGA pays out $2.4 million to the winner. The Women's PGA winner gets $1.8 million. ... Mao Saigo of Japan (Chevron Championship) and Maja Stark of Sweden (U.S. Women's Open) have won the first two majors. ... Amy Yang last year won her first major in the Women's PGA in her 75th start in a major. ... Field Ranch East is at the new PGA of America headquarters. It hosted the Senior PGA Championship in 2023 and will host the PGA Championship next year. ... Mimi Rhodes, with three wins on the Ladies European Tour, was given a sponsor exemption. Stacy Lewis, who has a corporate relationship with KPMG, got the other. ... Nelly Korda is still trying to win for the first time this year. Next week: Dow Championship. Online: and ___ PGA Tour Champions KAULING COMPANIES CHAMPIONSHIP Site: Akron, Ohio. Course: Firestone CC (South). Yardage: 7,248. Par: 70. Prize money: $3.5 million. Winner's share: $525,000. Television: Thursday-Friday, 3-5 p.m. (NBC Sports app); Saturday-Sunday, 3-6 p.m. (Golf Channel). Defending champion: Ernie Els. Charles Schwab Cup leader: Miguel Angel Jimenez. Last tournament: Thomas Bjorn and Darren Clarke won the American Family Insurance Championship. Notes: The PGA Tour Champions has major championships in consecutive weeks. The U.S. Senior Open is next week in Colorado. ... Firestone South held the PGA Championship three times. It is best known for holding the World Series of Golf, which later became a World Golf Championship that Tiger Woods won eight times. ... This is the halfway point of the PGA Tour Champions. Miguel Angel Jimenez leads the way with three wins. ... Ernie Els, the defending champion, is among six World Golf Hall of Fame members in the field. ... Angel Cabrera has won the first two majors of the year. ... The winner of the Kaulig Companies Championships earns a spot at The Players Championship next year. The tournament began as the Senior Players Championship. ... Padraig Harrington is playing the tournament for the first time. ... Bernhard Langer is a three-time winner but never at Firestone South. Next week: U.S. Senior Open. Online: ___ Korn Ferry Tour WICHITA OPEN Site: Wichita, Kansas. Course: Crestview CC. Yardage: 6,910. Par: 70. Prize money: $1 million. Winner's share: $180,000. Television: None. Previous winner: Taylor Dickson. Points leader: Johnny Keefer. Last tournament: Austin Smotherman won the BMW Charity Pro-Am. Next week: Memorial Health Championship. Online: ___ European Tour Last week: J.J. Spaun won the U..S. Open. Next week: Italian Open. Race to Dubai leader: Rory McIlroy. Online: ___ LIV Golf League Last tournament: Joaquin Niemann won LIV Golf Virginia. Next week: LIV Golf Dallas. Points leader: Joaquin Niemann. Online: ___ Other tours Royal and Ancient GC: British Amateur, Royal St. George's GC, Sandwich, England. Previous winner: Jacob Skov Olesen. Online: Epson Tour: Island Resort Championship, Sweetgrass GC, Harris, Michigan. Defending champion: Soo Bin Joo. Online: Ladies European Tour: Tipsport Czech Ladies Open, Royal Beroun GC, Beroun, Czech Republic. Defending champion: Marta Martin. Online: Challenge Tour: Blot Play9, Golf Bluegreen de Pleneuf Val Andre, Pleneuf, France. Previous winner: John Parry. Online: Japan LPGA: Nichirei Ladies, Sodegaura CC (Shinsode), Chiba, Japan. Previous winner: Akie Iwai. Online: Korea LPGA: The Heaven Masters, The Heaven Resort, Ansan, South Korea. Defending champion: Sohyun Bae. Online: ___ AP golf: recommended

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